NEW YORK--(BUSINESS WIRE)--Binance Canada, the affiliate of one of the world's leading blockchain and cryptocurrency infrastructure providers, announced today it has selected crypto market integrity leader, Solidus Labs, as a transaction monitoring and marketplace surveillance partner in Canada. As part of the partnership, Binance Canada will utilize HALO, Solidus’ crypto-native market integrity hub, to optimize multiple key risk monitoring and compliance services including marketplace surveillance, transaction monitoring, FINTRAC Suspicious Transactions Reporting (“STR”) and Large Virtual Currency Transaction Reporting (“LVCTR”) and institutional onboarding. “Our users are at the heart of everything we do so we are determined to meet the highest standards of regulatory compliance and user protection,” said James Moore, Chief Anti-Money Laundering Officer at Binance Canada. "We look forward to working together to enhance our risk monitoring capabilities, maintain compliance with evolving regulation in Canada and globally, and pave the path for greater crypto adoption.”

Binance Canada, a blockchain and cryptocurrency infrastructure provider, has announced it will partner with MinervaAI, for the detection and investigation of financial crimes.  . Following the partnership, Binance Canada will utilise Minerva's artificial intelligence tools, vast sanctions and other risk screening capabilities to add to their know your customer (KYC) and anti-money laundering (AML) capabilities to continue in developing a comprehensive security, anti-fraud and AML compliance program in Canada. . MinervaAI is looking forward to the partnership with Binance Canada in the prospect of making crypto safer and more accessible for Binance’s customers, while also making AI-driven AML compliance efficient, effective, and affordable for their own customers.